High Pines Wealth Management, LLC

Registered adviser

CIK

1855571

Location

DUXBURY, MA

Portfolio Value

Micro $65,594,114

Diversification

Moderately concentrated

Filing Date

Global Rank

#7,114 / 7,461 ▼ 472 · as of Dec 2023

Top Industry

Consumer Electronics 13.4%

Period ended 2 years ago

Filed Jan 12, 2024 · 2y

13 quarters · since Dec 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 285191

Roster of Nov 1, 2026

Regulatory AUM

$184,043,653

Main clients

Individuals and high net worth (95% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$184,043,653	Individuals and high net worth (95%)
Apr 2025 to Mar 2026	$159,173,212	Individuals and high net worth (95%)
Apr 2024 to Mar 2025	$130,429,325	Individuals and high net worth (95%)
May 2023 to Mar 2024	$108,231,274	Individuals and high net worth (95%)
Apr 2023	$108,231,274	Individuals and high net worth (95%)
Apr 2022 to Mar 2023	$223,181,463	Individuals and high net worth (97%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Dec 31, 2023, never from the firm's own description.

Style

Concentrated

The top 10 positions are 87.8% of the book (60%+)

Turnover

Low turnover

10.0% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 12.5 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 81.5%; sector active share 69.0% against the combined 13F book's sector weights.

Over time 13 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

30 tracked positions · as of Dec 31, 2023 · Δ vs Sep 30, 2023

Top Position

34.6%

+0.7 pts

Top 5

79.2%

−0.9 pts

Top 10

87.8%

−0.7 pts

HHI

1,947

Moderately concentrated+44

Portfolio Trend

13 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2023

Sector	% Portfolio	Value	Positions
Unclassified	81.4%	$53,385,262	9
Technology	5.8%	$3,793,616	4
Consumer Cyclical	4.5%	$2,947,966	5
Financial Services	3.2%	$2,097,861	4
Communication Services	2.7%	$1,762,710	3
Healthcare	2.0%	$1,335,703	4
Real Estate	0.4%	$270,996	1

Last Quarter's Activity

Export CSV

Dec 31, 2023 vs Sep 30, 2023

Added To

Positions the filer increased

18 positions

Ticker	Company	Δ Shares	Shares	Value
VO	VANGUARD MID-CAP INDEX FUND	+1,000	24,671	$5,739,461
DIS	Walt Disney Co	+936	4,849	$437,816
AMZN	Amazon Com Inc	+767	5,248	$797,381
SBUX	Starbucks Corp	+443	4,923	$472,657
JPM	Jpmorgan Chase & Co	+384	4,240	$721,224
GOOG	Alphabet Inc.	+380	4,619	$650,955
TJX	Tjx Companies Inc	+336	9,699	$909,863
V	Visa Inc.	+331	2,206	$574,332
META	Meta Platforms, Inc.	+251	1,904	$673,939
TSLA	Tesla, Inc.	+146	1,271	$315,818
CSGP	Costar Group, Inc.	+75	3,101	$270,996
BRK-B	Berkshire Hathaway Inc	+74	1,295	$461,874
HD	Home Depot, Inc.	+60	1,305	$452,247
AAPL	Apple Inc.	+58	8,506	$1,637,660
NVDA	Nvidia Corp	+54	1,629	$806,713
SYK	Stryker Corp	+51	874	$261,728
UNH	Unitedhealth Group Inc	+35	897	$472,243
ISRG	Intuitive Surgical Inc	+17	1,122	$378,517
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	−15,362	41,325	$2,109,641
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	−4,155	46,257	$3,402,202
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	−2,238	50,222	$3,885,676
VEA	Vanguard FTSE Developed Markets ETF	−2,038	195,121	$9,346,295
VONG	VANGUARD RUSSELL 1000 GROWTH INDEX FUND	−1,492	134,841	$10,520,294
IJR	iShares Core S&P Small-Cap ETF	−1,440	13,080	$1,415,910
ALL	Allstate Corp	−126	2,432	$340,431
AMGN	Amgen Inc	−100	775	$223,215
VTV	VANGUARD VALUE INDEX FUND	−16	55,113	$8,239,393
VOO	VANGUARD 500 INDEX FUND	−8	19,978	$8,726,390
MSFT	Microsoft Corp	−7	2,249	$845,713
ADBE	Adobe Inc.	−2	844	$503,530
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
—		3,234	$411,462
VOE	VANGUARD MID-CAP VALUE INDEX FUND	1,654	$216,607
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

30 tracked positions · $65,594,114 total · filing declares 30 positions · $65,593,929 · as of Dec 31, 2023

All sectors Communication Services Consumer Cyclical Financial Services Healthcare Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
VONG	VANGUARD RUSSELL 1000 GROWTH INDEX FUND	Reduced	134,841	-1,492	$10,520,294	+12.8%	13	before history	16.04%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	195,121	-2,038	$9,346,295	+8.4%	13	before history	14.25%
VOO	VANGUARD 500 INDEX FUND	Reduced	19,978	-8	$8,726,390	+11.2%	13	before history	13.30%
VTV	VANGUARD VALUE INDEX FUND	Reduced	55,113	-16	$8,239,393	+8.4%	13	before history	12.56%
VO	VANGUARD MID-CAP INDEX FUND	Added	24,671	+1,000	$5,739,461	+16.4%	13	before history	8.75%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Reduced	50,222	-2,238	$3,885,676	−1.4%	11	unpriced	5.92%
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	Reduced	46,257	-4,155	$3,402,202	−3.3%	13	before history	5.19%
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	Reduced	41,325	-15,362	$2,109,641	−22.6%	13	before history	3.22%
AAPL	Apple Inc. Technology	Added	8,506	+58	$1,637,660	+13.2%	13	before history	2.50%
IJR	iShares Core S&P Small-Cap ETF	Reduced	13,080	-1,440	$1,415,910	+3.4%	13	before history	2.16%
TJX	Tjx Companies Inc Consumer Cyclical	Added	9,699	+336	$909,863	+9.3%	13	before history	1.39%
MSFT	Microsoft Corp Technology	Reduced	2,249	-7	$845,713	+18.7%	13	before history	1.29%
NVDA	Nvidia Corp Technology	Added	1,629	+54	$806,713	+17.7%	13	before history	1.23%
AMZN	Amazon Com Inc Consumer Cyclical	Added	5,248	+767	$797,381	+40.0%	13	before history	1.22%
JPM	Jpmorgan Chase & Co Financial Services	Added	4,240	+384	$721,224	+29.0%	13	before history	1.10%
META	Meta Platforms, Inc. Communication Services	Added	1,904	+251	$673,939	+35.8%	4	$193.60	1.03%
GOOG	Alphabet Inc. Communication Services	Added	4,619	+380	$650,955	+16.5%	13	before history	0.99%
V	Visa Inc. Financial Services	Added	2,206	+331	$574,332	+33.2%	13	before history	0.88%
ADBE	Adobe Inc. Technology	Reduced	844	-2	$503,530	+16.7%	6	$378.41	0.77%
SBUX	Starbucks Corp Consumer Cyclical	Added	4,923	+443	$472,657	+15.6%	13	before history	0.72%
UNH	Unitedhealth Group Inc Healthcare	Added	897	+35	$472,243	+8.7%	13	before history	0.72%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	1,295	+74	$461,874	+8.0%	13	before history	0.70%
HD	Home Depot, Inc. Consumer Cyclical	Added	1,305	+60	$452,247	+20.2%	13	before history	0.69%
DIS	Walt Disney Co Communication Services	Added	4,849	+936	$437,816	+38.0%	6	$96.88	0.67%
ISRG	Intuitive Surgical Inc Healthcare	Added	1,122	+17	$378,517	+17.2%	6	$216.23	0.58%
ALL	Allstate Corp Financial Services	Reduced	2,432	-126	$340,431	+19.5%	13	before history	0.52%
TSLA	Tesla, Inc. Consumer Cyclical	Added	1,271	+146	$315,818	+12.2%	3	$216.92	0.48%
CSGP	Costar Group, Inc. Real Estate	Added	3,101	+75	$270,996	+16.5%	3	$78.01	0.41%
SYK	Stryker Corp Healthcare	Added	874	+51	$261,728	+16.4%	2	$286.40	0.40%
AMGN	Amgen Inc Healthcare	Reduced	775	-100	$223,215	−5.1%	13	before history	0.34%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.